CAclubindia News

DIR-3 KYC Filing Gets Costly: MCA Notifies Rs 5000 Penalty for Late Filing

23 April 2026 at 09:06

MCA introduces new DIR-3 KYC filing fee rules under Companies Amendment Rules 2026. Late filing now attracts Rs 5000 penalty, while timely filing remains free.

Posted in Corporate Law | 780 Views

CBDT Issues Form 38 FAQs on Foreign Remittance Certificate Under IT Rules 2026

23 April 2026 at 09:04

Income Tax Department issues FAQs on Form 38 under Income-tax Rules 2026, clarifying its role in foreign inward remittance reporting and compliance framework.

Posted in Income Tax | 285 Views

Income Tax Department Engages Schools, Trusts on New Income Tax Act 2025

23 April 2026 at 09:02

Income Tax Department hosts outreach programme in New Delhi to highlight key features of the Income Tax Act, 2025, focusing on educational institutions, charitable trusts and tax reforms.

Posted in Income Tax | 66 Views

GSTN Rolls Out Excel-Based IMS Offline Utility for Bulk Invoice Processing

23 April 2026 at 09:02

GST portal launches IMS Offline Tool to enable bulk invoice actions, offline processing, and seamless compliance under the Invoice Management System. Know features, steps and benefits.

Posted in GST | 114 Views

CBDT Denies IT Raid Allegations by TN Congress Leader, Calls Claims Baseless

22 April 2026 at 09:09

CBDT refutes claims of search and unlawful confinement by Tamil Nadu Congress leader K. Selvaperunthagai, clarifying no IT action was conducted and legal steps have been initiated against false allegations.

Posted in Income Tax | 144 Views

Form 126 Replaces 15C & 15D: Key Changes in Nil TDS Certificate for Non-Residents

22 April 2026 at 09:08

Income Tax Dept releases FAQs on Form 126 under Income-tax Act 2025. Know eligibility, purpose and how non-residents can apply for nil TDS certificate.

Posted in Income Tax | 2304 Views

No Mandatory Income Tax Clearance Certificate for All Travellers: PIB Fact Check

22 April 2026 at 09:06

PIB debunks viral claim on mandatory ITCC for travellers. Income tax clearance is required only in specific cases under Section 230.

Posted in Income Tax | 2565 Views

CBIC Removes Entry from Tamil Nadu Under Notification 39/2026

22 April 2026 at 09:04

CBIC Notification 39/2026 amends Notification 12/97 by omitting a Tamil Nadu customs entry. Understand key changes, legal basis and impact on importers, exporters and logistics operators.

Posted in Custom | 189 Views

Form 146 Mandatory? New CA Certificate Rules for Foreign Remittances in 2026

21 April 2026 at 09:01

Learn about Form 146 under the Income Tax Act, 2025 - its purpose, applicability, filing process, and role in ensuring compliant foreign remittances and accurate TDS deduction.

Posted in Income Tax | 7437 Views

Form 163 Under IT Act, 2025: Indirect Transfer Reporting Made Simple

21 April 2026 at 09:01

Form 163 FAQs explained: Learn who must file, due dates and compliance rules for reporting indirect transfer of Indian assets under Income Tax Act, 2025.

Posted in Income Tax | 3030 Views